In Eastern Europe and the countries of the former Soviet Union,
a. grave environmental problems plague Eastern Europe.
b. the area suffers from widespread illness and countless premature deaths.
c. the Aral Sea, once the world's fourth-largest inland sea, is now half its previous size.
d. All of the above are correct.
d
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Reserves borrowed at the federal funds rate are usually repaid ________.
A. in one year B. the next day C. at the end of the month D. in five years
Which of these is one of the major reasons for rapid increases in health care spending in the United States?
A. A decrease in the number of malpractices among doctors. B. Advances in medical technology and new prescription drugs are higher cost. C. There are high rates of labor productivity growth in health care.
Discuss the determinants of a nation's exchange rate value for its currency in foreign exchange markets. What happens to a nation's balance of trade if the nation's currency appreciates? Why?
Which statement is false?
A. The firm's short-run supply curve runs along the MC curve from the shutdown point to the break-even point. B. The MC curve intersects the ATC curve at the latter's minimum point. C. Total revenue = price x output sold. D. None of these statements are false.